Fortuna Silver (FVI.v) up 1.3% at $1.52 and one of the few holding on to early gains in the sell-off. Anyone else note Ridgway has picked up a few of these? Fortuna treats its small SH with respect, unlike….
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Endeavour Silver (EDR.to) down 10.8% at $3.07, another sneaky silver company giving its retail holders the KY Jelly treatment via a surprise financing. Oh they so care about you. Not.
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Minefinders (MFN) down 6.5% at U$9.98 on the same kind of thing. To be honest the $60m bought deal at $10.65 isn’t as SH-unfriendly as the EDR move today. It’s a bot deal and priced strongly with no warrant overhang. But it still puts an stock overhang on things and it’s certainly stopped the rally in its tracks.
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Rusoro (RML.v) down 7.4% at $0.44 and gettin’ no respect. The sharp drop in the parallel rate in Venezuela will help the comapany greatly, but that seems to have passed the market by. So be it. DYODD.
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Ecometals (EC.v) down 4.8% at $0.40. No drill permit yet, boyz? I guffaw at BS-laden mgmt and at the idiot longs who’ll still believe these shadies next time they come out with their jam tomorrow spiel.
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Nadagold (NG) down 8.2% at U$5.16. Woof woof woof, a thousand times woof. In other news, today Rick! announces he’s going all TinTin on us. Can’t wait to see his new haircut.